Paytm

Flipkart, India’s largest e-commerce player, is consolidating the service offerings of Ekart, its logistics & supply chain arm, to sharpen its focus to its core business model. Beginning February 5, 2017, Flipkart is no longer operating its customer-to-customer courier service...

Mobile wallet service provider, Paytm is all set to get a huge investment push from Chinese internet giant Alibaba. To help boost Paytm’s e-commerce business, Alibaba will reportedly be making an investment of $200 million which will give Paytm a valuation...

The Union Budget 2017 was presented in the Parliament by Finance Minister Arun Jaitley on February 1. While the Budget is clearly strong on macro-economic intent - as is evident from the FM’s focus on agricultural growth, rural development, up-skilling...

In a bid to expand online payment business in the US after a successful run in India with Paytm, Chinese e-commerce giant Alibaba's digital payments arm Ant Financial has bought global money-transfer service MoneyGram for nearly $880 million. The transaction...

Digital payments firm Paytm said that its wallet business will soon be transferred to its payments bank but quashed social media rumours that the m-wallets will stop working after January 15. "There are some rumours circulating that you will not...

Paytm has partnered with several brands to expand its offline merchant network before the year-end shopping season. This move is aimed to assist millions of customers as they can now use Paytm while shopping at their favourite stores. The company's...

Mobile payment and e-commerce platform Paytm on Wednesday announced that it has partnered with PVR, Cinepolis, amusement parks and gaming parlours to enable cashless payments. "Our integration will not only ensure customers to enjoy their share of fun and frolic...

Saroj Poddar-controlled Adventz Group on Tuesday said it was approached for buying a minority stake in Paytm, but has decided against it. "We were approached by a few merchant bankers for a minority stake in Paytm. But we have decided...

India is one of the key growth countries when it comes to e-commerce but it is still at a nascent stage and has a huge potential for growth. The Indian Government's sudden and unprecedented move on November 8, 2016...

Paytm has received final approval of the Reserve Bank to formally launch its payments bank and it expects to start operations next month. According to a PTI report: Payments banks can accept deposits from individuals and small businesses of up...